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Understanding Accounts Made Easy sample chapter

Understanding Accounts made Easyby David Rouse 2011 David RouseThe right of David Rouse to be identified as the author of this work hasbeen asserted by him in accordance with the Copyright, Designs andPatents Act Publishing Limited76 89 Alscot RoadLondon SE1 rights reservedPrinted in Great BritainISBN: 978-1-907765-95-7 Exclusion of Liability and DisclaimerWhile every effort has been made to ensure that this Lawpack publicationprovides accurate and expert guidance, it is impossible to predict all thecircumstances in which it may be used.

Contents About the author vii Introduction ix 1 The Trading and Profit and Loss Account 1 Overview 1 Sales 2 Goods for own use 3 Cost of sales 3 Gross profit 5

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